401(k) · DOL Form 5500 · 2024

Tipp Distributors, Inc. Dba Novamex 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
262
Participants Below avg headcount
79th
Percentile by assets National rank
$127,469
Avg per participant Near avg balance/head
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Official DOL plan name: Tipp Distributors, Inc. Dba Novamex 401(k) Plan · Sponsored by Tipp Distributors, Inc. Dba Novamex · Texas · Wholesale Trade

$33M in assets, 262 participants

Tipp Distributors, Inc. Dba Novamex's Tipp Distributors, Inc. Dba Novamex 401(k) Plan reported $33M in total assets and 262 participants in its 2024 DOL Form 5500 filing, ranking in the 79th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,743 in Wholesale Trade (6,080 peers)

Coverage in Texas

Tipp Distributors, Inc. Dba Novamex 401(k) Plan covers 262 participants in Texas, about 38% of the average Texas filer (state average ~688 per filing). Assets: $33M.

#4,743
in Wholesale Trade (6,080 peers)
+11.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Tipp Distributors, Inc. Dba Novamex 401(k) Plan's outsized position by total assets

Tipp Distributors, Inc. Dba Novamex 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$33,396,839 Top 21% higher than 79% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Tipp Distributors, Inc. Dba Novamex 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tipp Distributors, Inc. Dba Novamex 401(k) Plan sits mid-pack in the medium band (262 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tipp Distributors, Inc. Dba Novamex 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Tipp Distributors, Inc. Dba Novamex 401(k) Plan reported participants fell from 352 in the plan year 2023 filing to 262 in the plan year 2024 filing.
  • Tipp Distributors, Inc. Dba Novamex 401(k) Plan end-of-year assets rose from $30M in the plan year 2023 filing to $33M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 742444846 · Tipp Distributors, Inc. Dba Novamex PY 2024 · 401(k)

Tipp Distributors, Inc. Dba Novamex 401(k) Plan · $33M · 262 · 79th

  • 5500 $33M
  • 5500 262
  • 5500 79th
  • 5500 401(k)
  • 5500 near The Carequest 401(k) Retirement Plan
  • 5500 ind #4743

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in Texas →

Tipp Distributors, Inc. Dba Novamex 401(k) Plan in the asset neighbourhood

Tipp Distributors, Inc. Dba Novamex 401(k) PlanTipp Distributors, Inc. Dba …$33MThe Carequest 401(k) Retirement PlanThe Carequest 401(k) Retirem…$33MRadiac Abrasives, Inc. 401(k) Retirement Savings PlanRadiac Abrasives, Inc. 401(k…$33MCornerstone Bank 401(k) Plan$33MPain Management Solutions, LLC 401(k) Ps Plan and TrustPain Management Solutions, L…$33M
End-of-year total assets ($M) among Tipp Distributors, Inc. Dba Novamex 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$33M
Net Income$3M
Employer EIN742444846
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tipp Distributors, Inc. Dba Novamex)

Sponsor-wide plan assets over time

All Tipp Distributors, Inc. Dba Novamex plans reported in each filing year

Latest sponsor-wide plan assets
$33M 37.46495649563227% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.3M $33.4M ▲ +37.5%
Year Plans Participants Total Assets
2022 1 346 $24M
2023 1 352 $30M
2024 1 262 $33M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Tipp Distributors, Inc. Dba Novamex 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Tipp Distributors, Inc. Dba Novamex 401(k) Plan, Total assets ($B): 0.033396839 · Participants: 262Tipp Distributors, Inc. Dba Novamex 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Tipp Distributors, Inc. Dba Novamex 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Tipp Distributors, Inc. Dba Novamex 401(k) Plan side-by-side with 3 peers →

Tipp Distributors, Inc. Dba Novamex 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is The Carequest 401(k) Retirement Plan in MA ($33M); by covered participants it is Chesapeake Containment Systems 401(k) Plan in NC (262 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (262 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Tipp Distributors, Inc. Dba Novamex 401(k) Plan assets move in 2024? ▼
Tipp Distributors, Inc. Dba Novamex 401(k) Plan grew at a solid clip - up 11.2% during 2024, from $30M to $33M. Reported net income was $3M.
How have Tipp Distributors, Inc. Dba Novamex plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tipp Distributors, Inc. Dba Novamex's sponsor-wide assets grew 37.5%, from $24M to $33M.
Where does Tipp Distributors, Inc. Dba Novamex 401(k) Plan rank by assets among Form 5500 filers? ▼
Tipp Distributors, Inc. Dba Novamex 401(k) Plan ranks in the 79th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Tipp Distributors, Inc. Dba Novamex 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Carequest 401(k) Retirement Plan in MA ($33M, 164 participants).
Which 401(k) plans cover a similar participant headcount to Tipp Distributors, Inc. Dba Novamex 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Chesapeake Containment Systems 401(k) Plan in NC (262 participants, $6M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 742444846.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.